Visa sees gaap net rev growth in mid-single digits for q2

Visa continues to actively monitor covid-19 situation and its impact globally.as virus has spread in last few weeks, co seeing rapid deterioration of cross-border travel related spending in card present, card not present.impacts to cross-border volume as well as processed transactions will affect fiscal q2 international transaction and data processing revenue.for fiscal q2 ending march 31, 2020, on a gaap basis, visa expects net revenue growth in mid-single digits.on a non-gaap and constant dollar basis, excluding acquisitions, visa expects q2 net revenue growth in high end of mid-single digits.for fiscal q2 ending march 31, 2020, on a gaap basis, visa expects earnings per share growth in high end of low single digits.for fiscal q2, on non-gaap & constant dollar basis, excluding acquisitions, co expects earnings per share growth in high end of mid-single digits.u.s. payments volume down 4% month-to-date.
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